Posted on: 09th Aug, 2012 01:43 pm
i have a investment mobile home property with $55,000 dollars of equity. i need to debt consolidate and would like to use this equity. is there anyone out there that will refinance investment mobile homes? thanks!
Hello Dieselchic,
The most important thing is to look for with this type of loan is a lower interest rate which in turn will lower your monthly payment, freeing up more money for other things you may want to do. I hope it can help you this idea.
:idea:
The most important thing is to look for with this type of loan is a lower interest rate which in turn will lower your monthly payment, freeing up more money for other things you may want to do. I hope it can help you this idea.
:idea:
Hi dieselchic!
Welcome to forums!
You can contact the local mobile home loan lenders and check out whether or not you can cash out the equity in your property. If you meet all the required criteria of the lenders, then you will be able to get the cash out loan and consolidate your debts.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can contact the local mobile home loan lenders and check out whether or not you can cash out the equity in your property. If you meet all the required criteria of the lenders, then you will be able to get the cash out loan and consolidate your debts.
Feel free to ask if you've further queries.
Sussane
No lenders are currently working with 2nd homes or investment properties that are manufactured. You might try a personal loan, and use that property as collateral.